The phrase "a drop in value of" is correct and usable in written English.
It can be used when discussing a decrease in worth or price, often in financial or economic contexts.
Example: "The report indicated a drop in value of the company's stock over the past quarter."
Alternatives: "a decline in value of" or "a decrease in value of".
The 6.6 percentage point decline on S.U.V.'s translates to a drop in value of $1,300 on a $20,000 lease and $1,950 on a lease for a $30,000 vehicle.
The Bank of America Corporation said yesterday that third-quarter profits fell 15percentt because of severance costs and a drop in value of auto leases, while the Bank of New York Company, a commercial bank active in the securities servicing business, posted higher profits, helped by transaction processing and foreign exchange revenues.
This study found that homeowners who lived within 300 feet of a foreclosed residential property experienced a drop of 1.3percentt in home value; those living 300 to 500 feet of the foreclosed home typically see a drop in value of 0.6percentt.
Andy Cutler, car-value expert at Glass's, says following the scandal there was a drop in values of Volkswagen Group cars, but they recovered and are now "almost exactly where we would have expected them to be if it hadn't happened".
The career of the Central Bank's governor, Mahmoud Bahmani, appeared to be in jeopardy, and with it the short-lived stability for the currency, the rial, after a drop in value last year of roughly 50 percent.
Another factor was the competitiveness of Korean exports as a result of the drop in value of the won against major foreign currencies.
But a drop in the value of the euro, the currency of Egypt's biggest trading partner, has again made the pound look dear.
The company had an expense of $17.6 million to write down the value of convertible notes it holds in a biotechnology company, Novavax, to reflect a drop in the value of Novavax shares, which have fallen 77percentthis yearar.
The firm attributed nearly all of the decline to a drop in the value of its holdings in Deutsche Telekom, the German telephone giant.
One of the more prominent firms, LaBranche & Company, reported a loss of almost $370 million in the second quarter, much of it attributed to a drop in the value of its stake in the New York Stock Exchange.
The reluctance of banks to lend coincides with a drop in the value of diamonds that companies use as a security for loans.
